National Bank of Canada’s Mastercard MA Stock Holding History

National Bank of Canada’s Portfolio MA Stock Details MA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$395M	Buy	790,706 +3,168	+0.4%	+$1.67M	0.35%	56
2025 Q4	$450M	Buy	787,538 +17,066	+2%	+$9.54M	0.41%	46
2025 Q3	$438M	Sell	770,472 -100,261	-12%	-$57.6M	0.44%	43
2025 Q2	$489M	Sell	870,733 -44,935	-5%	-$24.9M	0.47%	39
2025 Q1	$502M	Buy	915,668 +325,802	+55%	+$177M	0.53%	36
2024 Q4	$311M	Sell	589,866 -148,885	-20%	-$77.1M	0.33%	62
2024 Q3	$365M	Buy	738,751 +235,340	+47%	+$109M	0.42%	44
2024 Q2	$220M	Buy	503,411 +49,076	+11%	+$22.4M	0.3%	57
2024 Q1	$208M	Sell	454,335 -109,738	-19%	-$50.2M	0.32%	61
2023 Q4	$238M	Sell	564,073 -38,464	-6%	-$15.5M	0.38%	54
2023 Q3	$237M	Buy	602,537 +25,803	+4%	+$10.4M	0.36%	64
2023 Q2	$227M	Buy	576,734 +69,055	+14%	+$25.9M	0.42%	47
2023 Q1	$185M	Buy	507,679 +34,963	+7%	+$12.7M	0.46%	44
2022 Q4	$164M	Buy	472,716 +38,819	+9%	+$12.8M	0.42%	53
2022 Q3	$124M	Sell	433,897 -3,678	-0.8%	-$1.22M	0.67%	30
2022 Q2	$138M	Sell	437,575 -8,110	-2%	-$2.79M	0.63%	33
2022 Q1	$160M	Buy	445,685 +161,607	+57%	+$58.1M	0.47%	46
2021 Q4	$102M	Buy	+284,078	New	+$98.2M	0.35%	60

Other funds holding MA

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Mastercard Foundation Asset Management (MFAM) Toronto, Ontario, Canada $32.1B AUM 8.22% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

National Bank of Canada's MA Position: Q1 2026 in Review

National Bank of Canada increased its Mastercard (MA) stake by 0.4% in Q1 2026, buying an estimated $1.67M and bringing the position to 790,706 shares worth $395M. The position accounts for 0.35% of the portfolio, ranked #56.

National Bank of Canada first reported a position in MA in Q4 2021 and has held it in 18 quarters since. The position peaked at $502M in Q1 2025. 3,603 funds tracked by Wall St. Rank hold MA as of Q1 2026.

National Bank of Canada held 790,706 shares of Mastercard worth $395M as of Q1 2026.
National Bank of Canada bought 3,168 Mastercard shares in Q1 2026, an estimated $1.67M.
Mastercard made up 0.35% of National Bank of Canada's portfolio in Q1 2026, its #56 holding.
National Bank of Canada first reported a position in Mastercard in Q4 2021 and has held it in 18 quarters since.
National Bank of Canada's Mastercard position peaked at $502M in Q1 2025.
3,603 funds tracked by Wall St. Rank held Mastercard as of Q1 2026.

Based on National Bank of Canada's 13F filing for Q1 2026, filed 15 May 2026.